Degree Wellness

Degree Wellness, founded by Amanda Watts Lightcap and Tom Lightcap, offers premier self-care experiences using innovative wellness solutions like cryotherapy, infrared sauna, red light therapy, and more, driven by Amanda's personal health journey and backed by Franworth's expertise in sustainable franchise growth.

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Degree Wellness

Degree Wellness Franchise Cost and Requirements for 2024

Background

Degree Wellness, the brainchild of tech guru Amanda Watts Lightcap and her husband Tom Lightcap, a hedge fund manager, was created to provide the premier self-care experience. Prior to Degree Wellness, Amanda launched two tech startups specializing in retail, technology, and consumer goods. With the backing of Franworth, the expert in sustainable franchise growth, Degree Wellness offers innovative wellness solutions that have created the premier boutique wellness experience using heat, cold, light, and advanced nutrients. Our mission is to help communities everyone live happier, healthier lives.

Amanda's personal journey with Thyroid Cancer in early 2021 brought her closer to the benefits of Degree Wellness services. Using cryotherapy to manage brain fog and stress, sauna for improved sleep, red light therapy to reduce scarring, and IVs to boost energy, Amanda transformed from feeling her worst to living her best. This personal experience fuels the brand's commitment to holistic wellness.

Degree Wellness is actively investing alongside franchisees, having recently opened its third location, with a fourth under development. We are committed to further developing markets like Jacksonville with corporate studios.

Our current services include cryotherapy, infrared sauna, cold plunge, red light therapy, IV drips and IM injections, compression massage, oxygen, and non-invasive light facials. Degree Wellness is dedicated to spreading self-care and wellness through innovative, technology-driven solutions, supported by a robust infrastructure and an inspiring brand story. Join us in our mission to help communities live their healthiest lives!

Competitive Advantages
Comprehensive, Not Complex: Our service offering is in the "sweet spot" of the right services for clients while remaining operationally manageable.

Technology-Driven: As a tech-focused franchisor, we ensure franchisees benefit from the lowest cost to serve by eliminating time-intensive services and focusing on technology-driven solutions that profoundly impact the bottom line.

Brand Aesthetics: Female-founded, Degree Wellness creates studio aesthetics and a brand that are aspirational yet unintimidating, authentically catering to female heads of households in an otherwise male-dominated category.

World-Class Infrastructure: Backed by Franworth, our support and infrastructure are unique in this category, offering reduced and preferred pricing with vendors, organized delivery to all franchisee locations, and financing options to franchisees

Business Flywheel: High-margin, high-ROI business model creates a flywheel effect enabling growth and reinvestment.

Staffing Made Simple: : Our service model allows for efficient customer service with minimal staff. Only one nurse or EMT is needed on-site, with the rest of the staff requiring no special licensing. Complimentary employee memberships make recruiting and retention a breeze.

Company Details

Established: 2018
First Unit Franchised: N/A
Franchised Units: 0
Company Owned Units: 3 (4th in development)
States Registered In: Alabama - AL, Arizona - AZ, Arkansas - AR, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Massachusetts - MA, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, Ohio - OH, Oregon - OR, Pennsylvania - PA, South Carolina - SC, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No

Support and Training Offered By Degree Wellness

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: No
Training:
Initial Training
Degree Wellness offers a robust training program to ensure franchisees and their teams are fully prepared.

3 Days of Ann Arbor Business Training

Online Learning Management System (LMS) wil be available for franchisees and employees, including associates and RNs/EMTs

5 days of on-site technical training

Comprehensive 3-4 week training checklist provided by franchisor along with a series of tests to become a certified Degree Wellness technician for all sales associates to complete.

On-Going Support
Degree Wellness is committed to providing continuous support to franchisees

Corporate team involving President, Franworth, VP of Marketing, and VP of Operations, will provide ongoing support

Playbooks available for assistance and negotiations with universities and community relationships

Integration of operational systems, LMS, KPI portals, and data warehouse

Digital strategy, lead generation, brand essence, local store programs, and communications/PR

Onboarding, training, and unit opening support

2024 Franchise Requirements Needed to Own a Degree Wellness Franchise.

What does a Degree Wellness Franchise Cost?

Degree Wellness franchise fees for 2024:

Cash Investment: $200,000 to $687,816
Total Investment: 349,554 to $687,816
Minimum Net Worth: $450,000
Franchise Fee: $49,500
Royalty: 7%
Ad: 1%
Item 19: Yes
Average Number of Employees: 4
Visa Candidates: No
Passive Ownership: No
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes

Is Degree Wellness a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Degree Wellness is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Degree Wellness a Home Based franchise?

No. Degree Wellness is not a home based franchise opportunity.

What Do Degree Wellness Franchise Owners Make?

Click here to find out how much Degree Wellness franchisees make. Degree Wellness offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Degree Wellness a Master Franchise Opportunity?

No. Degree Wellness is not a master franchise opportunity.

Does Degree Wellness Offer a Veteran Discount?

Yes. Degree Wellness franchise does offer a veteran discount.

Does Degree Wellness Work with E2 Visa and EB-5 Visa Candidates?

No. Degree Wellness franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Degree Wellness Looking for Franchisees in Canada?

No. Degree Wellness franchise is not looking for Canada franchisees.

Is Degree Wellness Looking for International franchisees?

No. Degree Wellness franchise is not looking for International franchisees.

Where can I see Degree Wellness's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Health, Beauty & Nutrition, Recently Added Franchises, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Degree Wellness Franchises for Sale

Click Here to inquire about existing Degree Wellness franchises for sale. We may have Degree Wellness franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.